Solana and Shiba Inu recently underwent a significant rally, providing excellent returns to traders. SOL and SHIB are expected to rise and reach new all-time highs as the market recovers. In the meantime, SOL and SHIB whales are moving to another opportunity at massive gains – the PCHAIN presale by PropiChain.
Let’s understand the reasons for investors’ confidence in this new project and how it has the potential for an 81,025% growth.
Demand For SOL Drops Due To The Slowing Solana Price
The daily trading volume for Solana has decreased by 37%, showing a decline in demand for SOL. The Solana price has also decreased, dropping over 1.3% in the last 24 hours.
Solana (SOL) has traded in a declining wedge pattern since making a 52-week high of $209.9 in March 2024. However, on 6 November 2024, SOL moved away from this wedge consolidation when the Solana price broke out from the pattern’s upper trendline. After the breakout, Solana rose over 20% to reach the $225.37 price level.
However, SOL faced strong resistance from this level and has been trading in a narrow box, with the Solana price fluctuating between $204 and $225. Solana has been unable to break this resistance in the previous four days. If the Solana price moves past the immediate resistance, SOL may reach a new ATH.
PropiChain (PCHAIN): Real Estate Shifts To The Blockchain
PropiChain is an RWA (real-world asset) platform bringing real estate to the blockchain. It also incorporates AI and the Metaverse into the platform to transform the real estate sector into a more secure, efficient, and functional industry.
PropiChain breaks down properties into small chunks and converts these into tokens that users can trade on the blockchain. This provides improved liquidity to investors and allows for more diversification. Investors can purchase fractions of a property without allocating a considerable chunk of their capital to a single asset.
Due to this fractional ownership model, PropiChain users gain an advantage over conventional investors, as they can now collectively access large properties that require substantial capital.
Another advantage PropiChain users have is access to advanced AI features. The AI on the platform delivers insights into potential price fluctuation and demand changes for specific property types. Using these market insights, investors can develop investment strategies to maximize gains and manage risks.
The PropiChain AI also automates transactions to help users properly implement these strategies. It can execute orders based on conditions like the purchase or sale of a property or even a specific part of it when it reaches a particular valuation. The AI performs the order when the condition is met and stores the details on the ledger.
Not just this, PropiChain also automates the leasing process to remove the lawyers and brokers from the equation. It uses the platform’s smart contracts to achieve this. Smart contracts create lease agreements without any manual paperwork. They trigger the agreements when both parties sign and funds are transferred.
Similarly, smart contracts also help with lease renewals. The tenants and landlord are notified of the expiring lease terms, and the lease period and terms are updated if they agree to extend. Smart contracts also store these legally binding documents on the ledger to keep everything secure and transparent.
The platform’s most futuristic feature is the Metaverse, which breaks the geographical barrier to real estate investment by providing a means to assess properties without leaving home. It generates a virtual 3D render, giving users an immersive experience to feel their dream property before investing.
These fantastic features are possible due to the native token, PCHAIN, which powers the entire platform. The token is currently in presale stage one and is valued at $0.004.
This price is set to increase, reaching $0.011 and $0.023 in the second and third rounds, after which the token will be listed at $0.032. So, holding PCHAIN through the presale can turn a $100 investment into $800 by the listing time.
Moreover, analysts have predicted that with the next crypto bull run, PCHAIN can rise tremendously, potentially providing up to 81,025% returns to stage one investors.
Shiba Inu: Pullback Causes Uncertainty For SHIB Traders
After a month-long consolidation, Shiba Inu finally broke the critical resistance that kept SHIB from rising. Shiba Inu rallied from $0.00001686 to $0.00003044, generating over 80% for SHIB traders within a week. In the previous three days, Shiba Inu has pulled back over 20% from the $0.00003044 resistance level.
Dropping over 5% in value in the last 24 hours, Shiba Inu has a current market price of $0.00002325 per SHIB. Due to uncertainty among SHIB traders, a doji with long upper and lower wicks has emerged as the Shiba Inu price takes the support of the 10-day Simple Moving Average (SMA).
The Relative Strength Index on the daily chart for Shiba Inu has moved out of the overbought region and dropped to 59. As SHIB undergoes a correction, the Shiba Inu price may fall to the $0.00002169 price level before continuing with an uptrend.
Conclusion
The recent SOL and SHIB rallies have given traders notable profits in days. However, as Solana and Shiba Inu face resistance, traders move towards PropiChain (PCHAIN) for more stable and quicker growth.
PropiChain is transforming the real estate sector with its blockchain, AI, and the Metaverse integrated platform. It has created a secure, transparent, and intuitive investment environment. By providing various AI and automation features, PropiChain helps users not only make investments but also manage them.
Recently, BlockAudit conducted an audit to determine PropiChain’s security and regulatory compliance. After rigorous testing, they reported zero vulnerabilities and assured the platform’s integrity.
Although in presale stage one, PCHAIN has already been listed on CoinMarketCap. The listing will give PropiChain a bigger audience, boost the platform’s growth, and pave the way for more such developments.
PCHAIN offers an 800% return just by the token launch time, but stage one investors also have an excellent chance of receiving an enormous 81,025% return.
For more information about the PropiChain (PCHAIN) Presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
Also Read: Fuse Launches Volt App 2.0 as Ultimate DeFi Banking App With Crypto Debit Card
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